NATIONAL LINKS TRUST

EIN: 842249627 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$12,540,988
Total Expenses
$9,478,375
Total Assets
$14,975,614
Net Assets
$10,646,380
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DC
Principal Officer
JOHN HONG
Phone
7039151568
Tax Period
2023-01-01 to 2023-12-31

NATIONAL LINKS TRUST, founded in 2019, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $12.5M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 24% operating margin.

Mission

NATIONAL LINKS TRUST IS A NON-PROFIT ORGANIZATION DEDICATED TO POSITIVELY IMPACTING OUR COMMUNITY AND CHANGING LIVES THROUGH AFFORDABLE AND ACCESSIBLE MUNICIPAL GOLF.

Program Service Accomplishments

Program 1
Expenses: $8,565,373 Revenue: $9,375,689

NATIONAL LINKS TRUST (NLT) OPERATES THREE MUNICIPAL GOLF COURSES IN WASHINGTON, DC EAST POTOMAC GOLF LINKS, LANGSTON GOLF COURSE AND ROCK CREEK PARK GOLF. THESE PROPERTIES GENERATE REVENUE THROUGH...

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NATIONAL LINKS TRUST (NLT) OPERATES THREE MUNICIPAL GOLF COURSES IN WASHINGTON, DC EAST POTOMAC GOLF LINKS, LANGSTON GOLF COURSE AND ROCK CREEK PARK GOLF. THESE PROPERTIES GENERATE REVENUE THROUGH REGULAR GOLF COURSE OPERATIONS; HOWEVER, AS PART OF THE ORGANIZATION'S MISSION TO PROVIDE ACCESSIBLE, AFFORDABLE GOLF TO LOCAL COMMUNITIES, THE RATES ARE WELL BELOW MARKET VALUE. TO BETTER SERVE THE COMMUNITY OF GOLFERS IN WASHINGTON, DC, NLT INVESTED IN COURSE IMPROVEMENT PROJECTS INCLUDING:A. CONTINUED IMPROVEMENT OF COURSE CONDITIONS THROUGH IMPROVED AGRONOMIC PRACTICES.B. EXPANSION OF GREENS AND FAIRWAYS AT LANGSTON GOLF COURSE TO MAKE THE COURSE MORE PLAYABLE FOR NOVICE GOLFERS AND MORE ENGAGING FOR ADVANCED GOLFERS WHILE RETURNING PORTIONS OF THE COURSE TO THEIR HISTORIC INTENTS.C. SIGNIFICANT PLANNING, CONSULTATION, DESIGN, AND REFINEMENT OF FUTURE PLANS FOR LARGE-SCALE CAPITAL IMPROVEMENT PROJECTS AT THE THREE COURSES TO TRANSFORM THEM INTO TRUE COMMUNITY ASSETS THAT BENEFIT BOTH GOLFERS AND NON-GOLFERS IN THE COMMUNITY.D. EXTENSIVE PLANNING AND REVIEW FOR THE RENOVATION AND RESTORATION OF EAST POTOMAC GOLF LINKS' HISTORIC MINIATURE GOLF COURSE.THE JACK VARDAMAN WORKFORCE DEVELOPMENT PROGRAM WAS CONDUCTED AT LANGSTON GOLF COURSE WHERE THIRTY ADOLESCENTS AND YOUNG ADULTS WERE TAUGHT VALUABLE JOB AND LIFE SKILLS WHILE EARNING AN INCOME AND BUILDING ELIGIBILITY FOR COLLEGE SCHOLARSHIP. TO IMPROVE PROGRAM OPERATIONS, NLT RENOVATED THE 'LANGSTON COMMUNITY CLASSROOM' TO PROVIDE A DEDICATED HEADQUARTERS FOR THE PROGRAM EQUIPPED WITH HIGH-SPEED INTERNET ACCESS. THROUGH PARTICIPATING IN THE PROGRAM IN 2022 AND 2023, ONE VARDAMAN INTERN EARNED A FULL COLLEGE HOUSING AND TUITION GRANT.THROUGH STRATEGIC PARTNERSHIPS, DEDICATED MAINTENANCE PRACTICES, AND A GROWING COMMUNITY OF VOLUNTEERS, NLT CONTINUED ITS COMMITMENT TO LONG-TERM ENVIRONMENTAL SUSTAINABILITY AT THE THREE COURSES. IN 2023, NLT ORGANIZED OVER 50 VOLUNTEER EVENTS, RESULTING IN MORE THAN 650 VOLUNTEER HOURS ACROSS OUR THREE FACILITIES. THESE EVENTS WERE CONDUCTED BOTH INDEPENDENTLY AND IN PARTNERSHIP WITH ORGANIZATIONS SUCH AS THE ROCK CREEK CONSERVANCY AND THE ANACOSTIA WATERSHED SOCIETY. VOLUNTEER PROJECTS INCLUDED HABITAT RESTORATION, TRASH COLLECTION, WILD RICE PLANTING, AND FRESHWATER MUSSEL RELEASE. OVER THREE ACRES OF INVASIVE VEGETATION WERE REMOVED TO RESTORE NATIVE HABITATS AT THE GOLF COURSES. VOLUNTEERS COLLECTED 185 BAGS OF TRASH AND CLEARED OVER 50 POUNDS OF BULK WASTE FROM THE COURSES AND SURROUNDING ENVIRONMENTALLY-SENSITIVE AREAS, INCLUDING THE BANKS OF KINGMAN LAKE AND THE ANACOSTIA RIVER NEAR LANGSTON GOLF COURSE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,728,941
Program Service Revenue $9,372,502
Investment Income $268,299
Other Revenue $1,171,246
TOTAL REVENUE $12,540,988

Expense Breakdown

Grants Paid $0
Salaries & Benefits $857,398
Fundraising Expenses $577,589
Program Expenses $8,565,373
Other Expenses $8,324,727
TOTAL EXPENSES $9,478,375

Year-over-Year Comparison

2023 2022 Change
Revenue $12,540,988 $10,008,973 +0.3%
Expenses $9,478,375 $8,352,380 +0.1%
Net Income $3,062,613 $1,656,593 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
17
Independent Members
14
Employees
5
Volunteers
714

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$233,104
Total Directors
18
$125,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MCCARTIN CHAIRMAN 15.00
Officer Director
$50,000 $0 $50,000
WILL SMITH VICE CHAIRMAN 30.00
Officer Director
$50,000 $0 $50,000
JOHN HONG TREASURER 20.00
Officer Director
$25,000 $0 $25,000
BANCROFT GORDON SECRETARY (UNTIL 07/23) 5.00
Officer Director
$0 $0 $0
TARI CASH DIRECTOR 5.00
Director
$0 $0 $0
ALAN FADEL DIRECTOR 5.00
Director
$0 $0 $0
KATHRYN KENNEDY DIRECTOR 5.00
Director
$0 $0 $0
CRAIG KIRBY DIRECTOR 5.00
Director
$0 $0 $0
PENNY LEE DIRECTOR 5.00
Director
$0 $0 $0
LISA MITCHELL DIRECTOR 5.00
Director
$0 $0 $0
STEVE SAYRE DIRECTOR 5.00
Director
$0 $0 $0
STUART SICILANO DIRECTOR 5.00
Director
$0 $0 $0
LEMUEL SMITH DIRECTOR 5.00
Director
$0 $0 $0
WILLIAM SPENCE DIRECTOR 5.00
Director
$0 $0 $0
MATTHEW CUTTS DIRECTOR 5.00
Director
$0 $0 $0
MARK TUOHEY DIRECTOR 5.00
Director
$0 $0 $0
PATRICIA HINES DIRECTOR 5.00
Director
$0 $0 $0
JEFF STRUNK DIRECTOR 5.00
Director
$0 $0 $0
DAMIAN COSBY EXECUTIVE DIRECTOR 40.00
Officer
$103,125 $4,979 $108,104
CLARK PASTRICK SR. PROJECT MANAGER 40.00
Highest
$121,000 $0 $121,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $12,540,988 $9,478,375 $14,975,614 $3,062,613
2022 $10,008,973 $8,352,380 $12,187,276 $1,656,593
2021 $10,793,468 $6,355,258 $8,914,003 $4,438,210
2020 $2,611,800 $1,144,844 $3,852,462 $1,466,956
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